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The first female recession threatens to wipe out decades of progress for U.S. women

Federal Reserve Chair Jerome Powell has commented repeatedly about how women and minorities have been among the hardest hit economically by the virus.

Women domestic workers, many of whom have lost their jobs after the coronavirus outbreak, gathered for a protest demanding social security from the government in Bengaluru, India, on June 15.
Women domestic workers, many of whom have lost their jobs after the coronavirus outbreak, gathered for a protest demanding social security from the government in Bengaluru, India, on June 15.Read moreAijaz Rahi / AP
    by Olivia Rockeman, Reade Pickert and Catarina Saraiva, Bloomberg News
    Published